Thomas Murphy - Pine Shores Real Estate



Posted by Thomas Murphy on 11/11/2018

Once youíre ready to sell your home, you want to be sure that your home is smelling fresh. Thereís a few sneaky odors that can creep into your home for various reasons. The consequences of horrible smells when youíre selling your home are really not good. Read on to prevent funky odors from turning off buyers from your home. 


Food Thatís Past Fresh


Whether your garbage disposal is a bit clogged and could use a cleaning or your fridge hasnít been purged in awhile, these things could be causing a stink. Make sure you stay on top of leftovers and take care of anything that may be in the refrigerator for too long. 


Clean your garbage disposal often. Itís simple to make a ďvolcanoĒ by throwing some baking soda down there and then pouring vinegar over it, allowing everything in the disposal to bubble up. You can even put a lemon or lemon juice in the disposal in order keep a good smell going.


That Wet Dog Smell


Any kind of animal will leave some sort of odor in your home. Whether you have a dog, a hamster, birds, or cats, youíre going to need to freshen up your space. Keep the litter box changed and add some baking soda for a bit of freshness. Make sure to remove any stains on your carpets or floors as well. If a piece of furniture or a carpet is to blame for the strong odors, you may need to remove that piece from your home completely to get the stench out. 


Your Air Conditioning Smells Bad


Since water can build up inside of your air conditioning unit, sometimes, a bit of maintenance is necessary. AC units must be cleaned regularly in order to keep strange smells away. 


Something Smells Musty


A musty smell usually spells a water leak. Whether itís in your basement or under your sink, you need to correct leaks in order to get to the root cause of musty smells.


Clean A Carpet With Vodka


You can put some cheap vodka in a spray bottle in order to clean a carpet. This technique can be used for more troublesome areas of the rug. As the alcohol evaporates, so wonít the odors that are filling your home. 


The Air In Your Home Is Stagnant

When the air in your home smells kind of stale, youíll need to get the air circulation back in the house again. This can be easily remedied just by opening the windows. Even if itís cold outside, itís good to get the air circulating in your house again. This simple action effectively changes the air in your home without any fancy chemicals or techniques.





Posted by Thomas Murphy on 11/4/2018

ďShort salesĒ may have one of the most deceiving names in real estate. Any client who is undertaking the purchase of a short sale property will ask, ďWhy is this taking so long?Ē Short sales generally happen due to lapsed payments on a mortgage. In the short sale, the owners take a loss on the property, but it saves them from being foreclosed on by the bank. Many of these sales are circumstantial by divorce, or a sudden change in job. The seller asks the bank to take less money than the amount owed on the house in a short sale transaction. 


If Youíre Buying A Short Sale Property


If you have made an offer and the seller accepts it, your dealings are far from over in a short sale. The sellerís bank needs to approve the sale. Since the bank is losing money in the deal, this is where the hold up can be in the entire transaction.


The First Step


The sellerís bank must review the short sale package first. The seller needs to submit a complete picture of their finances to the lender. The sellerís credit score will also be reviewed. A bank would not approve a short sale if, letís say, the seller happened to have a lot of extra cash just sitting in a bank account. The lender needs to protect themselves.


The listing agent should be on top of all of the paperwork that should be done in order to have the transaction approved. As a buyer, youíll appreciate a good short sale listing agent. 


Make Sure Everything Is In Order


Thereís a lot of paperwork to sign in order to get a house. Thereís even more paperwork to sign in order to secure the purchase of a short sale. If just one page of the documents are missing or one signature is left unsigned, the entire process can be slowed down even more. As a buyer, you should confirm that all the required documents have been signed and received. 


Another problem that can occur is that documents quickly become outdated. Bank and other financial statements are a good example of this. By the time paperwork is ready to go through the lender, last monthís bank statement could be completely outdated. The lender will then need an updated statement, holding up the process even more. The seller and agent need to be ready for these circumstances. The faster the lender is responded to, the smoother the process will go.          

 

Remember Youíre Working With Two Banks


When youíre purchasing a home thatís a short sale, youíll need to deal with two banks- your lender and the bank handling the short sale. Be mindful of the timelines that each bank has. If you arenít, you could be approved hours too late to buy the property, leaving you and the seller to start from scratch. 


Buying a short sale is risky because there is always a greater chance the sale will fall through or succumb to foreclosure due to some kind of circumstances beyond the buyer or the sellerís control. If you have the right realtors on both sides of the table, the process of buying a short sale should go as smoothly as can be expected.      





Posted by Thomas Murphy on 10/28/2018

A home inspection often plays a key role in the homebuying journey. If an inspection shows that there are no underlying problems with a house, you should have no trouble moving forward with a home purchase. On the other hand, if an inspection reveals a variety of structural problems with a house, you may need to reconsider your purchase decision.

Ultimately, a homebuyer who knows what to expect during a home inspection can plan accordingly. This buyer also may be better equipped than others to accept the results of an inspection and make an informed choice about whether to move forward with a home purchase.

What does it take to achieve the best-possible results during a home inspection? To find out, let's take a look at three tips to ensure you can prep for a house inspection.

1. Hire an Expert Home Inspector

There is no shortage of home inspectors available in cities and towns nationwide. However, employing an expert home inspector will require you to conduct an in-depth search.

When it comes to finding an expert home inspector, it pays to search far and wide. Because if you have an expert home inspector at your side, you can boost the likelihood of identifying major and minor house issues during an inspection.

2. Assess Every Area of a House

Oftentimes, a home inspection takes several hours to complete, and for good reason. In order to fully evaluate a residence, you'll want to be diligent. That way, you can minimize the risk of missing potential problems as you perform a home assessment.

As you walk through your house with an inspector, don't hesitate to ask questions too. In fact, a home inspector may be able to provide insights into home problems and repairs that you might struggle to obtain elsewhere.

3. Collaborate with a Real Estate Agent

A real estate agent can help you find your dream house, as well as put you in touch with the top home inspectors in your area. Plus, this housing market professional likely will walk through a house with you during an inspection to ensure you can get the support you need to make an informed homebuying decision.

Furthermore, a real estate agent is happy to consult with you before and after a home inspection. Prior to an inspection, a real estate agent will help you put together a plan to assess a house. Meanwhile, after an inspection, a real estate agent can discuss the inspection results with you and help you determine the best course of action.

Let's not forget about the assistance that a real estate agent can provide throughout the homebuying journey, either. This housing market professional can help you streamline your search for your dream house, submit a competitive offer on a residence and ensure you can purchase a terrific house at a budget-friendly price.

A home inspection may seem daunting at first. Luckily, if you plan ahead for a home inspection, you can use the assessment to gain the insights that you need to determine whether a house is right for you.




Categories: Uncategorized  


Posted by Thomas Murphy on 10/21/2018

In todayís world, everything is online. You probably have started your home search online as well. Itís plain fun to look at real estate. You can dream of living in a place you canít afford. You might never see any of those listings that youíre browsing in person. Should you?


No matter when your home search may become a reality, there are a few benefits to seeing houses in person. 


Youíll See What Your Money Can Get You


What you want and what you can afford may be far apart. You wonít understand the reality of the housing market unless you see it firsthand. By looking at whatís available on the market at a given time, you will be able to see how much house your dollars will buy you. Knowing what you can afford will help you to keep your expectations in check when you do head out to search for a home. Looking at what homes are on the market can actually help you to help your real estate agent find you something that will suit your needs. Thereís nothing worse than telling your agent that you want a home thatís impossible to find.


Youíll Meet Real Estate Agents


By going to open houses, youíll be able to meet different real estate agents. Through this process, you could very well meet the agent who will help you to find your dream home. If you like the way an agent is helping to sell a home, youíll very likely get along with them as a buyer. 


You Will Know How Much Competition You Have


If youíre attending open houses and find that there are many other people there the same time as you, it could be a sign that the market has tight competition. A lot of open house attendees means that prices are higher because the competition is fierce. You may have to offer above asking price in order to secure a deal on a home.


Youíll Learn Different Areas


Open houses can bring you to places you may have never thought of living before. Youíll get a sense of what different neighborhoods are like if you spend some time exploring through attending open houses. 


Youíll Learn What You Can Live With


Itís easy to have a concrete picture in your mind of what you want in a home and what you can deal with. When you see houses firsthand, you may be able to open your mind a bit as to the type of home youíre seeking.  


 





Tags: Buying a home  
Categories: Uncategorized  


Posted by Thomas Murphy on 10/14/2018

There are a lot of real estate agents out there to choose from. It might be hard to tell one from another. Thereís so many ways to find an agent these days including recommendations from friends and family to simple online searches. You want an agent that understands your needs from the neighborhoods that youíre looking to buy a home in, to the layout of the market that youíre selling in. Each agent has different specialties from relocation needs to foreign languages to FHA approved property searches. Below, youíll find some tips to help you find the perfect realtor for you. 


Pick Someone Who You Can Have Straight Talk With


Youíll need to like the person you pick as your realtor, but youíll also need someone who you can talk business with. You donít want a family member who you donít feel comfortable knowing your financial picture, or someone who wonít understand your desire for a certain location or neighborhood. 


Match Your Personality


Youíll be in touch with and will be spending a lot of time with your realtor. You want to find a realtor who can work well with you. Match your personality with theirs. Do you like someone who is a bit aggressive? Would you rather have a realtor who is a bit more easy-going? How often do you want to be in touch with your agent? Just remember that if you donít like your agent, thereís a good chance that other people may not like your agent either! 


The Choice Is Yours


Remember that the choice is yours when youíre looking for a realtor. You want to find a realtor who you know youíll work well with. You also want to know that your realtor will work for you. Itís important that your realtor be ethical, communicative, and be a part of your team throughout the process of buying and selling. Hereís some questions that you should ask your realtor in order to help you understand if theyíre a good fit for you:


  • Will I be working with you exclusively?
  • Are you a full or a part-time agent?
  • How much experience do you have?
  • What broker do you work for?
  • Have you closed homes in this neighborhood before?
  • Do you work with any lenders or have a seasoned team to help us through this process?

  • Asking these questions can help you to get a better understanding of who your realtor is and how they can help you to buy your dream home or sell your current property. This way, youíll have a better idea of what to expect throughout the process.